One-Half Interest in Inherited Real Estate Is Separate Not Marital Property.

In the case of Layman v. Layman, the Virginia Court of Appeals ruled that the trial court erred in classifying as marital property the one-half interest in real estate appellant inherited during the marriage where using separate property to secure a loan which is used for marital purposes and is subsequently repaid in full using marital funds does not transmute the pledged property into marital property.

-Rob Hagy, Charlottesville Divorce Lawyer.  For help with property distribution or other divorce issues, please contact me at 434.293.4562 or email me at rob@robhagylaw.com.